Overview

• Robinhood confirmed SUI spot trading for users in the U.S. and Europe with liquidity support provided through Bitstamp.
• SUI traded near the mid‑$3 range after several days of declines, with sharp swings following a prematurely published and deleted Sui blog post about the listing.
• Technical signals turned negative as the token slipped below its 50‑day moving average, with MACD and RSI pointing lower and traders eyeing support around $3.27 and the $3.00 level.
• Derivatives data showed open interest falling to about $1.84 billion and roughly $5.64 million in long positions liquidated, indicating weakening speculative demand.
• Market context remained soft as a roughly $171 million Aug. 19 unlock raised dilution concerns and on‑chain metrics showed declines in TVL and stablecoin supply on Sui.